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Telos
Telos is a Web3 ecosystem designed to help developers and users launch, list, and scale their projects. It features an EVM-compatible, hardware-accelerated Layer 1 blockchain that addresses performance, scalability, and energy consumption issues. The platform offers a suite of products, including the Telos EVM for high-speed, low-cost transactions, Telos Zero for governance and security, and SNARKtor for zero-knowledge proof aggregation, serving a global community of developers building dApps across DeFi, GameFi, and NFTs.
Distributed
Description
Telos is a comprehensive Web3 ecosystem built around its EVM-compatible Layer 1 blockchain. It aims to solve common blockchain issues like high latency, network congestion, limited scalability, and high energy consumption. The ecosystem includes several key products: Telos EVM, which offers high-speed transactions (15K TPS), low gas fees, and fast block times (0.5s) with zero downtime; Telos Zero, the network's core layer focused on security, governance, and block production, providing a high-performance foundation for the ecosystem; and SNARKtor, a protocol for decentralized recursive proof aggregation that enhances blockchain scalability, efficiency, and security through zero-knowledge technology. Telos supports a wide range of dApps, from DeFi and GameFi to NFT platforms, and fosters a large global community of developers.Grant Funding
VC Funding
None
2021
2024
$0
$9M